Tag Archives: Foreclosure selling

New California Law Requires Lenders to Record Foreclosur​es

New California law – AB 2273 – on lender foreclosures requires lenders to record foreclosure sales within 30 days of the foreclosure. This bill was passed and signed into law by the governor in September this year – and will … Continue reading

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Irvine CA Real Estate – Foreclosure Update

Irvine CA has a robust economy and home resale market.  1,356 Irvine homes were resold from January 1 to July 31, 2012 – an average of 194 resold each month – with average resold price of $656,443. Irvine also has … Continue reading

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Trustee Sale Auctions After Foreclosure Scheduled at Irvine CA Real Estate

Irvine CA real estate has been a hotbed for active investors who want to buy foreclosure homes and properties – at both trustee auctions after non-judicial foreclosures – and when properties are listed again as REOs on the MLS. Number of Irvine properties in the … Continue reading

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Foreclosure Home Selling Market is on Hot Fire Pace at Orange County CA Real Estate

Foreclosure properties are selling so fast at Orange County CA that average selling time for REOs – after lenders buy the properties at trustee auctions and list for sale again – is 18 days. ‎There are only 304 foreclosure REO … Continue reading

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Is Your Rental Home in Foreclosure?

There are 11,651 homes and properties now in some stage of foreclosure at Orange County, CA. Is your rental property in foreclosure? More “accidental” landlords are surfacing as home owners turn their underwater homes into rentals to try to come … Continue reading

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Irvine CA Foreclosures ~ Filings and Outcomes for June 2011

Even though Irvine CA is the economy driver at Orange County CA and has lots of jobs at private and public sector employers, foreclosures continue to be an important part of the real estate landscape. Irvine was like other cities in California during June 2011 and had … Continue reading

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Deed-in-Lieu as Foreclosure Avoidance ~ Property Owners Should be Very Careful

  Owner foreclosure alternatives such as SHORT SALE with incentives are out there ~ HAFA,  California TAP, and Bank of America Cooperative.  A DEED-IN-LIEU of foreclosure is not such a good opportunity (in this writer’s opinion) for a borrower/mortgagor/homeowner to transfer all interest in … Continue reading

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